Rolls-Royce, A*Star pump extra S$8m into joint lab
Total investment into the five-year collaboration now stands at S$69 million
Singapore
ROLLS-ROYCE and the Agency for Science, Technology and Research (A*Star) announced on Friday that they are investing a further S$8 million into their joint lab with Singapore Aero Engine Services (SAESL).
The investment brings the total investment into the five-year collaboration to S$69 million, and will fund a sixth workstream focused on developing advanced maintenance, repair and overhaul (MRO) technologies for repairing high-value engine components.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Brokers’ take: DBS cuts Venture Corp price target after Q1 earnings miss
Garmin’s Q1 results beat on strong demand for fitness, auto products
Foxconn’s musical chairs sound like punk rock
US sets up board to advise on safe, secure use of AI
Regulate AI? How US, EU and China are going about It
Meta’s results are best viewed through rose-tinted AI glasses